Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
John Hancock Preferredome Fund III's 5-Year RORE % for the quarter that ended in Jan. 2026 was 10.40%.
HPS's 5-Year RORE % is ranked better than 58.8% of 1415
companies
in the Asset Management industry
Industry Median: -1.68
vs HPS: 10.40
John Hancock Preferredome Fund III (NYSE:HPS) 5-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
John Hancock Preferredome Fund III 5-Year RORE % Related Terms
John Hancock Preferredome Fund III 5-Year RORE % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
John Hancock Preferredome Fund III 5-Year RORE % Chart
For the Asset Management subindustry, John Hancock Preferredome Fund III's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
John Hancock Preferredome Fund III 5-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund III's 5-Year RORE % distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund III's 5-Year RORE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2026 and 5-year before.
John Hancock Preferredome Fund III (HPS) has a 5-Year RORE % of 10.40 as of Jan. 2026. 5-Year RORE % shows how much a company earns by reinvesting its retained earnings in 5-year. View historical data on John Hancock Preferredome Fund III and its competitors. According to the industry distribution chart, John Hancock Preferredome Fund III ranks #583 out of 1415 companies in the Asset Management industry, placing it in the top 41.2%.
Is John Hancock Preferredome Fund III's 5-Year RORE % too high?
John Hancock Preferredome Fund III's current 5-Year RORE % is 10.40. Based on the distribution chart, John Hancock Preferredome Fund III ranks #583 out of 1415 companies in the Asset Management industry, which is above the industry midpoint. Overall, John Hancock Preferredome Fund III has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund III's 5-Year RORE % compare to NBB and VVR?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund III ranks #583 out of 1415 companies for 5-Year RORE %. This puts John Hancock Preferredome Fund III in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year RORE % for an Asset Management company?
A good 5-Year RORE % depends on the Asset Management industry context. However, 5-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year RORE % mean?
A high 5-Year RORE % can signal that a stock is expensive relative to its fundamentals. 5-Year RORE % shows how much a company earns by reinvesting its retained earnings in 5-year. View historical data on John Hancock Preferredome Fund III and its competitors. John Hancock Preferredome Fund III's current 5-Year RORE % is 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund III stock overvalued right now?
John Hancock Preferredome Fund III (HPS) has a current 5-Year RORE % of 10.40. The current 5-Year RORE % is 10.40. John Hancock Preferredome Fund III's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year RORE % calculated?
5-Year RORE % is calculated from a company's financial statements. For John Hancock Preferredome Fund III (HPS), the current 5-Year RORE % is 10.40 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
John Hancock Preferredome Fund III Business Description
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
31GF Score
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